Olympic Equipment Secures $2M Facility for Working Capital

In Stock and Ready to Ship: Olympic Equipment Secures $2M Facility for Working Capital

Olympic Equipment has partnered with Hum Capital on a $2,000,000 facility to fund working capital as the business grows. The structure was tailored to Olympic Equipment’s requirements to support inventory investment over a multi-year horizon rather than a single seasonal cycle.

The Challenge

For a business that competes on availability, growth shows up first as inventory.

Olympic sells professional-grade equipment on the promise that it’s in stock and moving out the door quickly, backed by installation, parts, and long-term service. That promise is expensive to maintain. Every unit sitting on the floor and every part stocked for a fast repair is cash committed ahead of the sale. As volume grows, the carry grows with it — and it often grows faster than the receipts.

Traditional working capital solutions tend to be sized to a single cycle, which leaves a growing business resolving the same problem every few months instead of investing through it.

A Structure Built Around the Business

Hum Financial (Hum Capital’s direct lending arm) put a $2,000,000 facility in place with a multi-year tenor, giving Olympic Equipment the ability to draw against growth as it comes rather than financing inventory one purchase order at a time.

The structure was built to match how the business actually converts cash — inventory purchased, held, sold, installed, and serviced — with enough term to let that cycle run more than once before the facility amortizes.

What This Facility Enables

• Inventory ahead of demand — materials on hand to keep the in-stock, fast-ship promise as volume grows
• Growth funded through the cycle — a facility termed for multiple inventory turns, not one
• Capacity to serve, not just sell — working capital that supports parts, installation, and service alongside equipment sales
• A capital partner for what’s next — an established relationship to support the company’s continued growth

About Olympic Equipment

Olympic Equipment supplies professional automotive lifts to repair shops, service businesses, and garages nationwide. The company backs its equipment with a ten-year warranty, certified installation, stocked replacement parts, and ongoing technical service. Olympic operates as a division of Top Secret Customs and Restorations, a custom build and restoration business that uses the same equipment in its own shop operations.